This NDA Between Two Companies is essential for businesses operating in Hong Kong that need to protect confidential information during business discussions, negotiations, or collaborative ventures. The document is structured to comply with Hong Kong's legal framework, which combines common law principles with local statutory requirements. It's particularly relevant when companies are exploring potential partnerships, mergers, acquisitions, joint ventures, or other commercial relationships where sensitive information needs to be shared. The agreement includes provisions for defining confidential information, establishing security protocols, outlining permitted uses, and specifying remedies for breach, all within the context of Hong Kong's business and legal environment. This template is designed to be adaptable across various industries while maintaining strong enforceability under Hong Kong law.
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1. Parties: Identification of the two companies entering into the NDA, including full legal names, registration numbers, and registered addresses
2. Background: Context of the agreement, purpose of sharing confidential information, and nature of the potential business relationship
3. Definitions: Definitions of key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose', and other relevant terms
4. Confidentiality Obligations: Core obligations regarding the protection, non-disclosure, and restricted use of confidential information
5. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, and when required by law
6. Security Measures: Required protocols and measures for protecting confidential information
7. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information upon termination or request
8. Duration and Termination: Term of the agreement and survival of obligations post-termination
9. Breach and Remedies: Consequences of breach and available remedies including injunctive relief
10. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, entire agreement, and amendments
1. Non-Solicitation: Restrictions on soliciting employees or customers, included when parties want additional business protection
2. Data Privacy Compliance: Specific obligations regarding personal data under Hong Kong's PDPO, needed when confidential information includes personal data
3. Intellectual Property Rights: Clarification of IP ownership and rights, included when confidential information includes IP
4. Export Control: Compliance with export control laws, needed for international businesses or sensitive technologies
5. Force Majeure: Provisions for extraordinary events, included for longer-term NDAs or in specific industries
6. Insurance Requirements: Obligations to maintain insurance coverage, relevant for high-value or high-risk information
7. Reverse Engineering Prohibition: Specific prohibition on reverse engineering, important for technical or product-related information
1. Schedule 1 - Description of Confidential Information: Detailed categorization and description of the confidential information covered
2. Schedule 2 - Authorized Representatives: List of authorized representatives from each party who may access confidential information
3. Schedule 3 - Security Protocols: Specific security measures and protocols required for handling confidential information
4. Appendix A - Form of Confidentiality Undertaking: Template confidentiality undertaking for representatives or third parties who need access
Authors
Relevant legal definitions
Clauses
Relevant Industries
Technology
Financial Services
Manufacturing
Professional Services
Healthcare
Real Estate
Retail
Telecommunications
Biotechnology
Energy
Construction
Media and Entertainment
Education
Logistics
Consulting
Relevant Teams
Legal
Compliance
Executive Leadership
Business Development
Corporate Development
Research and Development
Finance
Operations
Information Technology
Innovation
Strategy
Risk Management
Corporate Secretariat
Mergers and Acquisitions
Information Security
Relevant Roles
Chief Executive Officer
Chief Legal Officer
General Counsel
Legal Director
Commercial Director
Business Development Manager
Chief Financial Officer
Compliance Officer
Corporate Secretary
Operations Director
Project Manager
Research Director
Chief Technology Officer
Innovation Manager
Strategic Partnership Manager
Investment Director
Risk Manager
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